Intermediate AWS / Cloud Computing
Q61 / 100

What is the purpose of "Reserved Instances" in EC2 pricing?

Correct! Well done.

Incorrect.

The correct answer is A) They provide a significant discount compared to On-Demand pricing in exchange for committing to use a specific instance type in a specific region for a 1- or 3-year term

A

Correct Answer

They provide a significant discount compared to On-Demand pricing in exchange for committing to use a specific instance type in a specific region for a 1- or 3-year term

Explanation

Reserved Instances offer substantial discounts (up to 70%+) over On-Demand pricing in exchange for a 1- or 3-year commitment, suitable for predictable, steady-state workloads.

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