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You are recently hired for your first job as a design engineer with a large engineering corporation. Your annual salary is $75,000. At your first

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You are recently hired for your first job as a design engineer with a large engineering corporation. Your annual salary is $75,000. At your first day on the job, you learn that the Break-Even Multiplier is 2.33 and the profit goal for the company is an average of 20% on all projects. What is your likely hourly billing rate to clients, assuming the Target Multiplier is consistent with company goals? (please round to the nearest whole dollar and do not include a $ sign, commas, or decimals in your answer)

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