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 \\( \\$ 300,000 \\), have an eight-year useful life, and have a total salvage value of \\( \\$ 20,000 \\). The company estimates that annual revenues and expenses associated with the games would be as follows: Exercise 12-8 Part 2 2a. Compute the simple rate of return promised by the games. \\( 2 b \\). If the company requires a simple rate of return of at least \12, will the games be purchased