Microsoft Excel will not start up on my new IMac

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I recently (July 2013) bought the new IMac and installed Microsoft (Word, Excel, Powerpoint, Outlook).  All applications have been operating fine (the 5 days I have had the computer) until this evening.  Excel is giving me an error: Microsoft Excel encountered a problem and needs to close.  We are sorry for the inconvenience. It continues to ask me to send an error report.  I have restarted my computer however that did not solve anything...
All other applications (Word, Powerpoint and Outlook) open properly. 
Any help is greatly appreciated.

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First I would delete the Excel preference file ... First, exit Excel.  Then, in your user/library/preferences find com.microsoft.excel.plist and rename it to something like com.microsoft.excel.plist.save. Restart Excel, if all is OK, delete the excel.plist.save file as a new one was created when it was loaded. 
If that doesn't do it, reinstall Excel ... you may want to uninstall it then reinstall if a straight reinstall doesn't work.

November 30, -0001

Microsoft Excel will not start up on my new IMac

I recently (July 2013) bought the new IMac and installed Microsoft (Word, Excel, Powerpoint, Outlook).  All applications have been operating fine (the 5 days I have had the computer) until this evening.  Excel is giving me an error: Microsoft Excel e

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