How do you calucalate 1500 in this equation from the word problem below?

As the safety engineer, you have determined that a project is required to drastically reduce the cost of injuries. The project will cost $10,000. Your company's financial controller has required that all potential projects have a return on investment (ROI) analysis before approval. She has asked that you present an analysis showing the cost reduction for the following 3 years of implementation. Assume a 3% inflation rate in your calculation. Show all work, and make certain that your discussion that follows meets the minimum word requirement.

You need to use the following formula

PV = X/ E( 1 + D)nfor Year 1, 2, and 3

PV1 =1500/ E (1 + 0.03)¹

PV2=1500/ E (1.03)²

PV3=1500/ E ( 1+ 0.03)³