k period for an investment. ng objective: 13-06 compute the rate of return for an investment. Required Information The following information applies to the questions displayed below.1 Nick's Novelties, Inc., is considering the purchase of new electronic games to place in its amusement houses. The games would cost a total of $680,000, have an fifteen-year useful g life, and have a total salvage value of$68,000. The company estimates that annual revenues and expenses associated with the games would be as follows: 250,000 Less operating expenses: Commissions to amusement houses 60,000 Insurance 35,000 Depreciation 40,800 Maintenance 70,000 205 800 Net operating income 44,200 Objective: 13.01 Determine the riod for an investmen