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An application is running on Amazon EC2 instances and storing all application data in Amazon S3. The company wants to archive all files older than 30 days to reduce costs. Archived files are used for auditing purposes only; however, the audit team may need to retrieve files in under a minute. How should the SysOps administrator implement these requirements?
Capital Lease
A lease agreement that is considered a purchase by the lessee because of its terms, such as a bargain purchase option, which allow for the transfer of ownership over the asset's life.
Residual Value
The estimated value of an asset at the end of its useful life.
Capital Lease
A lease classified by lessees as an asset purchase, indicating that the lessee effectively has control over the asset during the lease term.
Interest Revenue
Income earned from deposit accounts or investments through the interest paid by the borrower to the lender.
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