Based on the principle of superposition, in which the oldest rock layers are at the bottom and the youngest are at the top, we can infer the following about the ages of the layers:
- Layer T, which is 120 million years old, is above Layer R, which is 100 million years old.
- Layer M is situated between Layer R and Layer T.
Since Layer M is below Layer T (which is older than 120 million years) and above Layer R (which is 100 million years old), it must be older than 100 million years but younger than 120 million years.
Therefore, the correct response regarding the age of Layer M is: between 100 million and 120 million years old.