SOLUTION: Molly has an account with her local bank. Her account earns 4.5% simple interest on a semi-annual basis. Seven years ago, she opened her account with $1,000. How much interest has
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Question 804736: Molly has an account with her local bank. Her account earns 4.5% simple interest on a semi-annual basis. Seven years ago, she opened her account with $1,000. How much interest has her account earned so far? Answer by rfer(16322) (Show Source):