A company is planning to deploy a consistent workload on AWS for the next 3 years. The cloud architect suggests purchasing Reserved Instances to save on costs compared to On-Demand Instances. However, the CFO is concerned about the possibility of future changes to their instance requirements. Which feature of Reserved Instances addresses the CFO's concern by allowing the company the flexibility to alter their Reserved Instance's configurations?
Reserved Instances offer Convertible Reserved Instances which allow users to exchange one or more existing instances of one family for another, giving the flexibility to adjust to changes in business needs. Standard Reserved Instances are less flexible in that aspect because they do not allow configuration changes. Scheduled Reserved Instances offer the ability to reserve capacity on a recurring schedule rather than continuous usage, while Spot Instances are not reserved ahead of time and can be interrupted depending on demand, so both options are not relevant to the CFO's concern regarding the flexibility of alterations.
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