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If you are an old user of Office 365 suite and already have an Office setup product installed on your device, the go to office.com/setup and sign in your account and update your subscription. If you’re a first time user, and don’t have a Microsoft account, then create one and follow the given instructions
Go to the Office.com/setup and sign in your MS Office account
Enter the product key in the given field
Download the purchased Office 365 suite
Install the program by following onscreen instructions.