Its difficult to be exact, but do you know how many males and how many females you have? In a community tank which is heavily planted I have a pair of mollies and the female drops regularly, every month to 6 weeks. As females mature they drop more fry. There are always fry swimming about, but only the odd one or two survive to adulthood. I have no idea if it is my platys or guppies which predate the fry, but I have just isolated some fry in a netbreeder because I want to increase my stocks of white mollies. I have been feeding the fry more frequently than the adults. The survival rate is heavily dependent on available food stuffs, but obviously you have to watch water quality if you feed more abundantly.
What I would say is, yes they will multiply but it will take a while to get overrun. Whilst you do read about drops of 50 plus fry, I dont see this many swimming about. You probably need to be prepared to move some on at some point or get another tank, but it will take a while.