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The cr1.8xlarge Amazon 3 year heavy utilization should be 660/month with the upfront cost amortized over 36 months.
by makeshifthoop 13y ago
The cr1.8xlarge Amazon 3 year heavy utilization should be 660/month with the upfront cost amortized over 36 months.
- snewman 13y agoYes, that's the figure you'll get if you set the interest rate to 0 in the "Amortization period" section (and set the time period to 36 months). By default, we assume a 10% cost-of-capital, which leads to the $706/month figure you see otherwise for cr1.8xlarge over 36 months. The difference reflects the fact that, all other things being equal, paying a lump sum up front is generally less desirable than month-to-month payments. You can adjust the interest rate parameter according to your situation.