I just updated to Lion and my Microsoft Word, Excel and PowerPoint will not open because PowerPC applications are no longer supported. I bought this software from Apple and the store installed it when I bought the MAC. What do I do?

I just updated to Lion and my Microsoft Word, Excel and PowerPoint will not open because PowerPC applications are no longer supported. I bought this software from Apple and the store installed it when I bought the MAC. What do I do?

Buy version 2011 of MS Office.
Or you can download OpenOffice, LibreOffice or NeoOffice, which all come very close to working with MS files just like MS Office does.
Or iWord, I have heard, you can purchase.

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