hi
The Access Denied or 0×80070005 error code on .MSI setup executable is caused by invalid or missing ACLs (Access Control Lists) for the Administrators group or the built-in System account in registry hives or file permission. .MSI setup package depends on Windows Installer service for installation. When the permissions are missing or invalid, the System account, which the Windows Installer service run as, does not have sufficient permissions to access the file system or parts of the registry, causing the installation to fail with Access Denied error.
So, like Jeff referred, you should make sure that the account has proper permission for your action. If you want to learn more about it you can refer to below link:
http://technet.microsoft.com/en-us/library/dd425217(office.13).aspx Hope this helpful.
Thanks.