If You Invested $100 In MercadoLibre Stock 15 Years Ago, You Would Have This Much Today
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Investing $100 in MercadoLibre (NASDAQ:MELI) 15 years ago would now be worth $2,755.51, reflecting an annualized return of 24.67%, outperforming the market by 12.76%. This highlights the significant impact of compounded returns on investment growth. MercadoLibre's current market cap is $96.74 billion. The article emphasizes the importance of understanding compounded returns for long-term investment growth.
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