Quote Originally Posted by it-ogo
I'd say that each of "е" can be either reduced to "и" or not. For example, zna-i-ti, zna-i-te, zna-ye-te all are equally acceptable IMHO. (With palatalized "t" of course.) And I don't see the way it can be pronounced like "zna-yet-ay" or smth. like that. No "ай"-s at the end.
Zna-i-te is correct!