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\frac{3}{2}\times 4\times \frac{5}{12}
Cancel out 3 and 3.
\frac{3\times 4}{2}\times \frac{5}{12}
Express \frac{3}{2}\times 4 as a single fraction.
\frac{12}{2}\times \frac{5}{12}
Multiply 3 and 4 to get 12.
6\times \frac{5}{12}
Divide 12 by 2 to get 6.
\frac{6\times 5}{12}
Express 6\times \frac{5}{12} as a single fraction.
\frac{30}{12}
Multiply 6 and 5 to get 30.
\frac{5}{2}
Reduce the fraction \frac{30}{12} to lowest terms by extracting and canceling out 6.