It can, but you can get a much better laptop for $350. I actually recommend you return it for a refund and purchase the following Acer laptop with a Core i3-7100u and Intel HD 620 graphics core. The laptop you have has the AMD E2-7110 APU with a Radeon R2 (Beema) graphics core. The i3-7100u and Intel HD 620 is not particularly powerful, but the AMD E2-7100 and Radeon R2 pathetic in comparison.
https://www.amazon.com/Acer-E5-575-33BM-15-6-Inch-Processor-Generation/dp/B01K1IO3QW/ref=sr_1_1?ie=UTF8&qid=1485315324&sr=8-1&keywords=i3-7100u
It has a 1080p screen and it will be able to play the Sims 3 in 1080p with max settings. However, it only has 4GB of RAM so playing at that resolution might cause the game to crash because you may run...