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Stopping and Starting an instance: When an instance is stopped, the instance performs a normal shutdown and then transitions to a stopped state. All of its Amazon EBS volumes remain attached, and you can start the instance again at a later time. You are not charged for additional instance hours while the instance is in a stopped state.

Terminating an instance: When an instance is terminated, the instance performs a normal shutdown, then the attached Amazon EBS volumes are deleted unless the volume’s deleteOnTermination attribute is set to false. The instance itself is also deleted, and you can’t start the instance again at a later time.

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