An investor placed $$1,000$ in a savings account a year ago that pays an annual interest rate of $4\mathrm{.}3\%.$ If the rate of inflation was $3\%$ over the year, what is the investor's approximate annual real rate of return?

Group of answer choices

$4\mathrm{.}3\%$

$1\mathrm{.}3\%$

$7\mathrm{.}3\%$

$3\%$

none of the above