Cost: 
- Download a freeware or purchase an audio format converter that supports Ram to Mp3 conversions.
- Install the audio format converter software.
- Follow the instructions the software interface provides you with and you will be able to convert Ram files to Mp3 format.
- Akram Audio Converter 2.18 by AkramSoft
This program has a free trial period for your evaluation. - AVOne Gold Video/Audio Converter 3.78
This program allows for batch conversion and has a free trial period for your evaluation. - Cucusoft All Audio/Video to MP3/WAV Converter 2.31 by CucuSoft
This program also allows for batch conversions and has a free trial period for your evaluation.
Quick Tips:
Ram stands for Real Audio Media, and is an audio format created by RealPlayer.
Mp3 stands for MPEG layer 3, and is a compressed audio data format .
Useful Links:
Delicious
Digg
Google
Yahoo