One of Bo and Sherry's long-term goals was to start their own business. Given Bo's level of expertise in repairing equipment, they decided to start a repair business and originally estimated that it will take $25,000 to get the business started. They had $5,000 set aside, and decided to deposit, plus and an additional $400 at the end of each month. They deposited the money into an investment account that would earn 6% compounded monthly Question 8: How many months did it take Bo and Sherry to save enough money to start their business