Understanding the Pricing

Just wanted to understand, I am subscribing to Basic Public App, considering $9 per month, it comes to $108, but then it says $62.47 Due Today. When will we have to pay balance amount?

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Because it’s pro-rated to your renewal date. From this, I am guessing your annual renewal date is December 16. You pay your annual rate every year on your renewal date. If you upgrade in the middle of the year, you only pay a partial fee for that year.

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Thanks @david for clarification.