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The best way is what Maetryx said, however for ease I would suggest using AudioCatalyst. >>
Maetryx is right. However, AudioCatalyst is a poor ripper unless all your CD's are brand-new and the Xing mp3 encoder is an insult to humanity. It's demonstrably and clearly inferior to ANY other encoder available. Please don't use it, and if you do, please don't share the files.
The latest version of EAC has "wizards" and everything. It's so easy to get, so easy to set up, so good, and so FREE that there is no reason to use anything else. You'll also need to download the executable LAME file, links to everything you need are in the CD Ripping FAQ.