Assume $I$ is a finitely presented $R$ module such that for $\langle a_{i}\rangle=(1),a_{i}\in R$, we have $I[\frac{1}{a_{i}}]=R[\frac{1}{a_{i}}]$. Define $J=Hom_{R}(I,R)$, what is a good way to show $$\displaystyle J[\frac{1}{a_{i}}]=Hom_{R[\frac{1}{a_{i}}]}(I[\frac{1}{a_{i}}],R[\frac{1}{a_{i}}])$$
I guess probably I do not even need to use the conditions given and this in fact holds for more general cases. One side is easy - any homomorphism from $I$ to $R$ automatically give a trivial homomorphism over the localized rings $I[\frac{1}{a_{i}}]$ and $R[\frac{1}{a_{i}}])$. However given a $R[\frac{1}{a_{i}}]$ homomorphism between the localized rings, how do I show I can some how "chop off" the extra localized part to get a $R$-homomorphism back.
Jacob Lurie commented that:
We can choose a finite presentation $R^{m}\rightarrow R^{n}\rightarrow I\rightarrow 0$, which leads to a sequence $$0\rightarrow J\rightarrow Hom(R^{n},R)\rightarrow Hom(R^{m},R)$$ It follows that the formation of $J$ commutes with localization.
This proof avoids the above issue and looks much better. So I just want to ask if the same contention holds when the extra condition is removed.