Here's how to break it down:

* Sr: This is the chemical symbol for Strontium.

* (PO₄): This is the chemical formula for the Phosphate ion.

* 3: The subscript '3' after Sr indicates that there are three strontium ions in the compound.

* 2: The subscript '2' after the parenthesis indicates that there are two phosphate ions in the compound.

So, the complete chemical name for Sr₃(PO₄)₂ is Strontium Phosphate.