The equation of a line in parametric form is:
\[
x = x_0 + at, \quad y = y_0 + bt, \quad z = z_0 + ct
\]
where \( (x_0, y_0, z_0) \) is the point through which the line passes, and \( \langle a, b, c \rangle \) is the direction vector of the line.
Here, the direction vector is \( \langle 3, 1, 2 \rangle \) and the point is \( (4, -3, 7) \). Therefore, the parametric equations are:
\[
x = 3t + 4, \quad y = t - 3, \quad z = 2t + 7
\]