7. Roger is a sales engineer at an Engineering Company. He owns two vehicles, one of them is entirely dedicated to business use. His business car is a used small pickup truck, which he purchased with S11,000 of personal savings. Roger has estimated the costs of owning and operating his business vehicle for the first three years as follows First Year Second Year Third Year Depreciation Schedule Maintenance Insurance Registration and taxes Total ownership cost Nonscheduled repairs Replacement tires Accessories Gasoline and taxes Oil Parking and tolls Total operating costs Total of all costs Expected kilometers driven $4000 100 750 100 $4950 50 100 50 750 200 200 $1350 $6300 $3500 150 750 125 $4525 100 150 50 750 200 200 $1450 $5975 $3500 200 750 150 $4600 200 200 50 750 200 200 $1600 $6200 15000 17500 20000 If the interest rate is 10%, what should be Roger's reimbursement rate per km so that he can break even