解:(1)设该商场投入资金的月增长率为$x.$
根据题意,得$20(1 + x)^2 = 24.2,$
即$(1 + x)^2 = 1.21,$
则$1 + x = \pm1.1,$
当$1 + x = 1.1$时,$x = 0.1 = 10\%;$
当$1 + x = -1.1$时,$x = -2.1$(不合题意,舍去).
答:该商场投入资金的月增长率为$10\%.$
(2)$24.2×(1 + 10\%) = 24.2×1.1 = 26.62$(万元).
答:预计该商场七月份投入资金将达到$26.62$万元.