Maria has the majourity of her savings in an account with an

Maria has the majourity of her savings in an account with an APY of 3% She checks online and finds that the yearly inflation rate is currently 3.5%

a- What is Maria\'s real interet rate?

b- Is Maria\'s money keeping up with inflation, or falling behind?

A. As per fisher equation , Real interest rate = ((1+nominal interest rate)/(1+inflation))-1

=(1.03/1.035)-1=-0.48%

B. So Maria is having negative real interest rate, her money is not keeping up with inflation i.e falling behind.