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Nick's Novelties, Incorporated, is considering the purchase of new electronic games to place in its amusement houses.

The games would cost a total of $$385,000,$ have a fifteen$-$year useful life, and have a total salvage value of $$38,500.$ The

company estimates that annual revenues and expenses associated with the games would be as follows:

$2$a$.$ 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?

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Compute the simple rate of return promised by the games. $($Round your answer to $1$ decimal place. i$.$e$.0\mathrm{.}123$ should be

considered as $12\mathrm{.}3\%.)$