The forecast for month $2$ will be the observed value from month $1.$ The forecast for month $3$ will be the average of the observed values from months $1$ and $2.$ The forecast for month $4$ will be the average of the observed values from months $1,2,$ and $3.$

Complete the column of forecast values using this method.

Month Value Forecast Value

$120$

$22820$

$324$

$20+28$

$2$

$=$

$24$

Correct: Your answer is correct.

$429$

$20+28+24$

$3$

$=$

$24$

Correct: Your answer is correct.

$525$

$25\mathrm{.}25$

Changed: Your submitted answer was incorrect. Your current answer has not been submitted.

$624$

$25\mathrm{.}2$

Changed: Your submitted answer was incorrect. Your current answer has not been submitted.

$729$

$26$

Incorrect: Your answer is incorrect.

Find the forecast for month $8$ using this pattern. $($Round your answer to two decimal places$)$