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.
A typical finance charge, for example, might be 1Â½ percent interest per month. However, finance charges can be as low as 1 percent or as high as 2 or 3 percent monthly. The amounts can vary based on factors such as customer size, customer relationship and payment history.