Audacity Help: Importing Music

[AyuRox]

I need to be able to take tracks from CDs and import them to Audacity. I know that Audacity is not compatible with iTunes (AAC) or Windows (WMA), so I can't use those programs to rip the CDs. So what IS compatible with Audacity? Would Rhapsody work? because my computer came with Rhapsody as well.

I ask because I'll likely be getting a VOCLAOID soon, and Audacity is going to be what I use to combine the vocals and instrumentals. But if any of you know a better program to use, I'm open to whatever.

Thanks!