Open Control Panel on the Desktop and click Default Programs. Then click âAssociate a File Type or Protocol with a Programâ link. Next in the Set Associations screen, scroll down the list until you find Protocols, and under that youâll see MAILTO. Itâs set to Mail â double click it.
Money that is paid in exchange for borrowing or using another person's or organization's money. Interest is calculated as a percentage of the money borrowed. There are two kinds of interest, simple interest and compound interest. In simple interest, the interest is calculated only over the original principal amount.
Popular Terms. The total charge for taking on a debt obligation that can involve interest payments and other financing fees. The borrowing cost for a business tends to go up when prevailing market interest rates are rising during times of economic expansion and increased inflation, even if its credit standing remains excellent.