At the end of each year, the value of a certain antique watch is c percent more than its value one year earlier, where c has the same value each year.  If the value of the watch was k dollars on January1, 1992, and m dollars on January 1, 1994, then in terms of m and k, what was the value of the watch, in dollars, on January 1, 1995 ?

~$m+\frac{1}{2}\left ( m-k \right )$~

~$m+\frac{1}{2}\left ( \frac{m-k}{k} \right )m$~

~$\frac{m\sqrt{m}}{\sqrt{k}}$~

~$\frac{m^{2}}{2k}$~

km2