Maggie Mae bought a small house on Lime Street for $250,000 to use as a rental property. She made a $50,000 down payment and mortgaged the rest. Maggie's annual expenses on the house total $17,988. Maggie keeps her house rented out all year. What monthly rent must Maggie charge to earn a 12% annual yield? Beethoven Lucielle began saving $2,000 per year in his IRA at the age of 22. At the age of 35, he increased his savings rate to $3,500 per year. He invested the money in a variety of products including stocks, bonds, and CDs. When he was 50 years old, Beethoven made a $10,000 withdrawal to take a vacation. Now at the age of 75, Beethoven's IRA has a fair market value of $343,930 and his life expectancy factor is 22.9. If he fails to take his distribution this year, what will Beethoven's penalty be