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.
Interest is the money a lender charges to borrow their money. The amount of interest a lender can charge is governed by federal and state laws. There is a special law called Usury law that prevents lenders from charging too much for interest. There are many exceptions to this Usury law.Each state and each lending situation has its own laws governing the amount of interest that can be charged.As you have probably noticed usually a home mortgage is the lowest interest rate at least in recent years. It is common to find interest rates for 30 year mortgages as low as 7%.here is a special law called Usury law that prevents lenders from charging too much for interest. There are many exceptions to this Usury law. Each state and each lending situation has its own laws governing the amount of interest that can be charged.