Answer:
The vertex is at the point (50,103). The arrow will reach the highest point 50 feet horizontal distance and 103 feet vertical distance from where it was launched.
Explanation:
The equation of a parabola is given by:

The vertex is the maximum or minimum value of the parabola
In this case, we have the following parabola:

where
a=-0.04
b=4
c=3
The x-coordinate of the vertex can be found by the formula:

Then, we find the x-coordinate by replacing the values of a nd b:

Next, we replace the value of x in the parabola equation:

The vertex is at the point (50,103)