If you were charged $99 and are unsure what it was for, it could be related to a subscription or service that you may have activated. For Microsoft 365, common reasons for unexpected charges include changing your billing frequency, canceling paid subscriptions, or using a Business Standard subscription.
To resolve this issue, I recommend checking your subscription details in your Microsoft account or contacting Microsoft support for clarification on the charge. They can provide specific information regarding your account and any subscriptions associated with it.
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