Well I think that iTunes is so easy, if you haven't got it, it is a free download from Apple. Then all you need to do is insert the cd, it will appear in the sidebar of iTunes, it will probably be called untitled cd, as it is not a pre recorded album and therefore will not be in the CDDB. That is just a data base that has track names for cd's, when you load a bought or copied cd iTunes will get all the track names automatically. Anyway that does not matter here, if you click on the untitled cd in the main window of iTunes there will be the tracks on the cd, at the bottom there should be an "import cd" tab, I'm on a Mac so it mightbe slightly different on a PC. Click import and then once it has done, you should be able to just find the mp3 file in your home music folder. Let me know if you need anymore info.
Good luck