When I tried to to install the downloaded update, I received the error message: Windows update standalone "the update is not applicable"
Turns out the problem was due to the wrong architecture. I should have downloaded the 64 bit update instead of the 32 bit update.
Solution: Download the right update for the architecture on your operating system. If you have a 64 bit system, make sure you download the 64 bit updates. If you have a 32 bit system, make sure you download the 32 bit updates.
To check what architecture you have:
Go to control panel
System Type: 64 or 32 will be displayed