Monthly Subscription: with 3 days free trial and $9.99/mo after.
Yearly Subscription: with 3 days free trial and $69.9/annual after.
Renewal: subscription automatically renews unless auto-renew is turned off at least 24 hours before the end of the current period.
Payment will be charged to the iTunes account within 24 hours prior to the end of the free trial period.
The account will be charged for renewal within 24 hours prior to the end of the current period.
Subscriptions may be managed by the user and auto-renewal may be turned off by going to the user's Account Settings on the device. Look for Apple ID and Subscriptions.