please help on questions 7-9. It is very appreciated and thank you in advance!!

7. You just won the California state lottery for $150 million!! Excluding taxes, you can take a lump sum payment of $40 million or you can receive annual payments over thirty years of $2 million. If you think you can eam a 9% return on your investments, which payment option should you select? 8. Quicksilver is considering purchasing a new piece of machinery that would save it $30,000 a year in annual labor costs. The machine would cost $200,000 and is expected to last 10 years and have a $20,000 salvage value. Should the company buy the machine if its cost of capital is 9%? (Use the TVM tables and show your work). 9. Ishi Company is considering three projects. The projects have the following expected cash flows. What is the internal rate of retum for each project? Which project should Ishi select? Project A Project B Project C Initial Capital Investment $100,000 $125,000 $150.000 Cash Flow by Year $27,741 $50.264 $44,284 $27,741 $50,264 $44.284 $27,741 $50,264 $44.284 $27.741 $44,284 $27,741