A tax deferred Rate of:    A tax deferred Rate of: 
  2.0% 2.5%   2.7% 3%
Tax Rate Is equivalent to a Taxable Rate of: Tax Rate Is equivalent to a Taxable Rate of:
15% 2.35% 2.94% 15% 3.18% 3.53%
28% 2.78% 3.47% 28% 3.75% 4.17%
31% 2.90% 3.62% 31% 3.91% 4.35%
36% 3.13% 3.91% 36% 4.22% 4.69%
39.6% 3.31% 4.14% 39.6% 4.47% 4.97%
A tax deferred Rate of:    A tax deferred Rate of: 
  4.0% 5.0%   6.0% 7.0%
Tax Rate Is equivalent to a Taxable Rate of: Tax Rate Is equivalent to a Taxable Rate of:
15% 4.7% 5.9% 15% 7.1% 8.2%
28% 5.6% 6.9% 28% 8.3% 9.7%
31% 5.8% 7.2% 31% 8.7% 10.1%
36% 6.3% 7.8% 36% 9.4% 10.9%
39.6% 6.6% 8.3% 39.6% 9.9% 11.6%