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License Question

I am a home user on a budget and am looking to understand license options for my small lab. (vRanger 7)

I am looking to backup ~20VM's across 2 ESX(Essentials) Hosts - how many licenses would I need to cover this?

If I go for the 1YR license with 24/7 support, will the license still function after the one year (I appreciate I will lose update and support privileges)

Advice much appreciated!

Many Thanks