BUG REPORT - audacity.exe System Error

Windows 7

Audacity 2.3.2

After installation (tried both the installer and the zip file) when I launch the application I get error dialog:

“The program can’t start because api-ms-win-crt-runtime-[1-1-0.dll is missing from your computer. Try reinstalling the program to fix this problem.”

Needless to say, reinstalling the program failed to fix this problem.

Please help. The webpage says 2.3.2 is compatible with Windows 7 but obviously it is not.