Which of the following energy changes occurs as a bow is drawn and released?
1. gravitational potential to chemical potential
2. magnetic potential to kinetic
3. elastic potential to kinetic
4. kinetic to thermal

The correct answer is 3.

Explanation: As the bow is drawn and released, it will experience a change in elastic potential energy to kinetic energy.

Elastic potential energy is defined as the amount of potential energy which is stored as a result of the deformation of the object which has some elasticity in it. For Example: Stretching of a spring, Drawing of a bow, etc..

Kinetic energy is the energy of the object which is possessed as a result of its motion.

When the bow is drawn, it first had some elastic potential energy and when it is released it had some kinetic energy in it.

Conclusion: The correct answer is 3.