well, keeping in mind that 180 days is not even a year, since there are 365 days in a year, then 180 is 180/365 of a year, therefore
[tex]\bf ~~~~~~ \textit{Simple Interest Earned}\\\\
I = Prt\qquad
\begin{cases}
I=\textit{interest earned}\\
P=\textit{original amount deposited}\to& \$1295\\
r=rate\to 7\%\to \frac{7}{100}\to &0.07\\
t=years\to \frac{180}{365}\to &\frac{36}{73}
\end{cases}
\\\\\\
I=(1295)(0.07)\left( \frac{36}{73} \right)[/tex]