I'm a student, and I'm wondering if (if adjusted for identical margins and everything) if a Times New Roman 12pt page of text in Pages will look the same as a TNR 12pt page of text in Word.
That will depend. Margins are one variable. Another is line spacing. Another is widow and orphan control. The last two in particular aren't handled in exactly the same way by Pages and Word, or any other two word processors I suspect.
There's a difference in how Pages handles line spacing over Word's. For short documents, you won't notice, but say a 7 page paper in Pages might be a 6.75 page paper in Word.
That will depend. Margins are one variable. Another is line spacing. Another is widow and orphan control. The last two in particular aren't handled in exactly the same way by Pages and Word, or any other two word processors I suspect.