Question: While in school Zoe decides to start putting away some of her earnings from her part-time job and begin saving. Zoe sets up an account

While in school Zoe decides to start putting away some of her earnings from her part-time job and begin saving. Zoe sets up an account with an annual interest rate of 1.5% compounded biweekly and decides to deposit $65 into the account every other week and does this for 6 years until she graduates from post-secondary. Zoe is concerned about the job market and read that on average, graduates take approximately 8 months to find their first job. Zoe plans to now make monthly withdrawals instead in order to cover her expenses while she looks for a job. However, due to changes in the economy, Zoe's account now only offers an annual interest rate of 0.95% compounded monthly. In her 8 months of job hunting, how much can Zoe withdraw each month to cover her expenses?

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