This MATLAB Answer discusses the same issue for an MCR release nearly as old as the one you are looking for (as the question was posted in 2015): https://www.mathworks.com/matlabcentral/answers/231844-why-can-t-i-install-the-matlab-mcr. To follow the workaround mentioned there, you can rename the installer .EXE to a .ZIP file and then extract its contents to a folder.
MCR 8.3 or 8.4 installers do not work
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I have been trying to install the versions 8.3 and 8.4 of MCR (I think it is the 8.3 I need) but neither of them works. The latest version of MCR installs without problem. I have been doing it via https://se.mathworks.com/products/compiler/matlab-runtime.html and also via the developer of the software I want to use.
This is what it looks like when I try to install it, independent of how I do it.

When the lower prompt is done, it closes both prompts and nothing happens. The text of the second prompt says that Windows is is defining the configuration of "Microsoft Visual C++ 2005 Redistributable", whatever that means.
I have been trying to find a solution online, but nothing has helped me thus far. I moved the installer to C:\Program Files(x86) but that did not help.
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