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I am trying to follow a solution online and do not understand where the person got the value 434,791 in the first step (2 years

I am trying to follow a solution online and do not understand where the person got the value 434,791 in the first step (2 years when price is unchanged). Iinked the problem below. Thank you

http://www.chegg.com/homework-help/questions-and-answers/hello-working-buy-versus-rent-decision-case-time-value-money-ivey-publishing-rebecca-young-q19418236

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