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.
1 The interest rate refers to the annual cost of a loan to a borrower and is expressed as a percentage. 2  The interest rate does not include fees charged for the loan.