Question

Which of the following are payment options for Reserved Instances? Select 3.

a. DURI
b. AURI
c. NURI
d. MURI
e. PURI

Answer 1

Reserved Instances payment options in cloud services like AWS include No Upfront (NURI), Partial Upfront (PURI), and All Upfront (AURI). These options determine how users pay for their reserved cloud resources, offering varying discounts based on the payment structure.

Step-by-step explanation:

The question pertains to the different payment options for Reserved Instances, which is a billing feature used in cloud services like Amazon Web Services (AWS) to allow users to reserve resources for a certain time frame, usually with a discounted hourly rate compared to on-demand instances. The correct payment options from the given list are:

• No Upfront (NURI): Payment isn’t required upfront, but users commit to paying for the reserved instance over the term, usually with monthly payments.
• Partial Upfront (PURI): This option requires a partial upfront payment, and then users pay the remaining balance over the term periodically (e.g., monthly).
• All Upfront (AURI): This involves making a full payment for the reserved instance at the beginning of the term, offering the most significant discount over the on-demand rate.

The acronyms DURI and MURI are not standard payment methods for Reserved Instances and seem to be either typos or irrelevant to the context of cloud computing service billing options.

Answer 2

The payment options for Reserved Instances are All Upfront (AURI), Partial Upfront (PURI), and No Upfront (NURI). Each option provides different benefits, such as cost savings, depending on upfront payments and monthly installments.

Step-by-step explanation:

The payment options for Reserved Instances (commonly associated with cloud computing services like Amazon Web Services) include:

• All upfront (AURI): Payment of the entire cost is made upfront for the term of the instance, with no other costs incurred during its use.
• Partial upfront (PURI): A portion of the cost is paid upfront, and the remainder is paid in monthly installments over the term of the instance.
• No upfront (NURI): No upfront payment is required, but monthly payments are made throughout the term of the instance.

Choosing the right payment option depends on one's budget and cash flow preferences. These options allow users to benefit from cost savings compared to on-demand instance pricing.