How much you will charge on first day of every month?

Following question is mentioned under the FAQ section of your website. Can you please clarify that how much amount you will charge? and what will be that amount for?

Also, I want to purchase $5/mo hosting package for one year, can you give me a concession for buying it for one whole year. And if I buy that package for one year, still you will charge any amount on first day of every month as mentioned in the FAQ below.

Can you charge my card on a specific date?

We automatically attempt to charge your credit card on the 1st of each month. After you become a verified customer, you can go to the billing page and pay your outstanding balance at any time by clicking the “Pay now” button that appears underneath your balance.

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There is no discount or option for yearly billing. Billing is on the 1st of the month for any resources used the prior month.