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Office 365 is a subscription software package that requires EITHER a monthly subscription plan or an annual subscription plan. If you pay it monthly, then the cost is slightly higher than if you pay it annually.
Alternatively, you can also buy Office outright instead of purchasing Office 365. For instance, Office Home and Student is a one-time cost of $149.99 and no subscription is necessary.
You can learn more by going to www.microsoftstore.com/office and then clicking on Products at the top of the screen.
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