What is deceptive here? This seems like a reasonable way to present the information.
it doesnt say you have to prepay $80/year. why say "/month billed annually"?
what benefit does that give?
Maybe providing also year-long pricing examples of both would be even more helpful.
No one who is doing the "$X per month, billed annually" is doing it because they're trying to make it easiest for the customer. They're doing it because lower numbers on the price tag makes for more sales.