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What EC2 purchasing option would we select if we wanted to acquire instances for 3 years while receiving a bulk discount?

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What EC2 purchasing option would we select if we wanted to acquire instances for 3 years while receiving a bulk discount?

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a) On-Demand

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b) Scheduled

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c) Reserved

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d) Spot

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​c) Reserved

Reserved instances can be purchased for a 1 or 3 year period for a bulk discount. Video for reference: Overview of Compute Services

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