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Monthly charge for 12 months then switch to annual price

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HI there, 

I am wondering if this is possible and how to set it up? 

I want ot charge a set price for a product per month of say £20 then after 12 months be able to switch to an annual of say £100

Is this possible? and how? 

I can see how to set a product to monthly and have it for fixed term of 12 months, but then is there a way to keep the product going and switch to annual? 


I await :) thanks


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