Ralph Puts Money in the Bank and Earns a 5

Ralph puts money in the bank and earns a 5 percent nominal interest rate.Then,if the inflation rate is 3 percent,

A) Ralph will have 3 percent more money, which will purchase 2 percent more goods.
B) Ralph will have 3 percent more money, which will purchase 8 percent more goods.
C) Ralph will have 5 percent more money, which will purchase 2 percent more goods.
D) Ralph will have 5 percent more money, which will purchase 8 percent more goods.