Final answer:
Milan invested $8000 in fund B, as it is given that both the investments in fund A and fund B were equal and contributed equally to a combined return of a 6% profit.
Step-by-step explanation:
The question asks how much Milan invested in fund B if the total return from both funds was a 6% profit.
Milan invested $8000 in fund A, and we can assume he invested an unknown amount 'x' in fund B. The combined return from the two funds amounted to a 6% profit of the total investment.
To calculate the investment in fund B, we need to set up the equation that represents the total profit. If 'x' is the amount invested in fund B and assuming fund A also earned 6%, the equation based on the total profit would be:
0.06($8000) + 0.06(x) = 0.06($8000 + x)
Expanding and simplifying both sides leads to:
$480 + 0.06x = 0.06 * $8000 + 0.06x
Since the terms with 'x' cancel out, we are left with:
$480 = 0.06 * $8000
This means that fund B must also have been $8000 because the profit percentages on both investments were equal and contributed equally to the total profit. Hence, Milan invested $8000 in fund B.