SDL Studio 2014 will not load Excel files after upgrade to Excel 2016

SDL Studio 2014 will not load Excel files after upgrade to Excel 2016

I am getting an error message that Excel 2013 or later must be used. I tried saving the Excel file in the latest format in Excel 2016 and still get this same error, but this time it said Excel 2007 files are not supported. Does anyone have a fix for this?