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Amazon EC2 Reserved Instances allow you to reserve Amazon EC2 computing capacity for 1 or 3 years, in exchange for a significantly discounted hourly rate (up to 75%), compared to On-Demand Instance pricing. Reserved instances can significantly lower your computing costs for your workloads and provide a capacity reservation so that you can have confidence in your ability to launch the number of instances you have reserved when you need them.
Publisher: Amazon Web Services
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