Will pictures transfer from old version of iPhoto to new version?
I bought a used Macbook Pro last year. It came with a few programs like Microsoft Office as well as iPhoto. The guy I bought it from reset it to factory settings but left iPhoto on it so I didn't need to pay for it. I used it for all of my photos and as time went by updates were available but since iPhoto was bought with his account I needed the password to update it, which I didn't have. Because of this I just never updated it and continued using it without the updates. Now, after getting the new ios update, the iPhoto version that I have is incompatible with the update so I am forced to buy the new one, which isn't a big deal but I'm concerned that the photos from my old iPhoto won't transfer to the new one. I cannot access these files in finder either and I want to be careful in dealing with this. Any help would be appreciated.
MacBook Pro, OS X Yosemite (10.10.1)