The New Orleans Pelicans need to decide whether the organization should take on a renovation project for their training complex. According to the net present value $($NPV$)$ capital budgeting approach, what should the organization do assuming a cost of capital of $9\%$ and the following projected cash flows?

$FV=PV(1+r{)}^n$ and $PV=FV(1+r{)}^n$

$\backslash$table$[[$Year$,$Cash Flow$],[0,($$$1,000,000)$