1. On an invoice, in the section headed Terms, you see the phrase 2 percent net 30. This phrase refers to:
   1. The required down payment.
   2. The discount for prompt payment.
   3. Conditions for acceptance of the order.
   4. Size of initial shipment and time within which the order will be delivered.

What would you recommend if project 1 has a total score of 0.76 and a probability of success of 85 percent, project 2 has a total score of 0.68 and a probability of success of 96 percent, and project 3 has a total score of 0.96 and a probability of success of 68 percent?

1. Project 1
2. Project 2
3. Project 3
4. Not enough information is provided based on this metho