I am trying to open a floppy in power point for a school project and power point opens then freezes up. I thought if I copied it to my harddrive I may be able to open it but when I try copying it I get the following message....Cannot copy file: Data error (cylcic redundancy check). Is there anyway I can correct this problem?

Probably not. It sounds very much like the floppy disk is corrupted.

Floppies are the absolute worst form of data storage you can use. they are very unreliable. You should consider saving your data to a CD or to a USB 'thumb' drive instead.