Can you cancel or modify a Reserved Instance once it’s purchased, and how does this affect pricing decisions?

Question

Ramya Ramarajan · Accepted Answer

No, Reserved Instances cannot be canceled or modify once purchased. You have to pay for the full term (1 or 3 years), regardless of whether you use the instance or not.

Can you cancel or modify a Reserved Instance once it’s purchased, and how does this affect pricing decisions?

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