Concept:
The functional equation \(f(x+y) = f(x)f(y)\) with \(f(1) = 3\) implies \(f(n) = 3^n\).
Step 1: Identify \(f(x)\).
For natural numbers, \(f(2) = f(1+1) = f(1)f(1) = 3^2\), etc. By induction, \(f(n) = 3^n\).
Step 2: Sum of the series.
\[
\sum_{x=1}^{n} f(x) = 3 + 3^2 + \cdots + 3^n = \frac{3(3^n - 1)}{3 - 1} = \frac{3(3^n - 1)}{2}
\]
Step 3: Set equal to 120.
\[
\frac{3(3^n - 1)}{2} = 120 \Rightarrow 3(3^n - 1) = 240 \Rightarrow 3^n - 1 = 80 \Rightarrow 3^n = 81 \Rightarrow n = 4
\]