Whats the icelandic phrase for compound interest calculator? Aka (also known as) it would be... what?

[judyfong]

Its taught in the rekstrarsbókhald course by runar steinn. A competitor is meniga.

[afk0901]

@judyfong I have no idea, (right now at least), but the Icelandic translation of the word would be: "Reiknivél fyrir samsetta vexti". I don't use Meniga so I don't know if there is a compound interest calculator there or not so I don't know what it's called in Icelandic there.

[judyfong]

I think there isnt a difference in icelandic between simple and compounding just called vextir reiknavel https://lanareiknivel.is

[afk0901]

@judyfong Yeah, I mean "Vaxtareiknivél" also makes sense. It's just more generic or maybe "Ávöxtunarreiknivél" which means "Yield calculator" but that can be all sort of yield calculations not just interests so not sure about that word but still kind of makes sense.