1:01 PM a savstate.view.usg.edu Verizon Like many married couples, Damian and Brandi Woodson are trying their best to save for two important investment objectives (1) an education fund to put their two children through college; and (2) a retirement nest egg for themselves. They want to set aside $100,000 per child by the time each one starts college Given that their children are now 10 and 12 years old, Damian and Brandi have 6 years remaining for one child and 8 for the other. As far as their retirement plans are concerned, the Woodsons both hope to retire in 20 years, when they reach age 65. Both Damian and Brandi work, and together, they currently earn about $90,000 a year. The Woodsons started a college fund some years ago by investing $6,000 a year in bank CDs. That fund is now worth $65,000. They also have $50,000 that they received from an inheritance invested in several mutual funds and another $20,000 in a tax-sheltered retirement account. Damian and Brandi believe that they'1l be able to continue putting away $6,000 a year for the next 20 years. In fact, Brandi thinks they'll be able to put away even more, particularly after the children are out of school. The Woodsons are fairly conservative investors and feel they can probably earn about 6 percent on their money (Ignore taxes for the purpose of this discussion.) 1. Determine whether the Woodsons have enough money right now to meet their