Question 23 0.5 pts 23. What is the value on January 1, 2029 of $40,000 deposited on January 1, 2019 which accumulates interest at 12%.compounded Use the following future value of 1 factors for solving the questions 1% 2% n 4% % 8% 12% 2 1.020 1.040 1.082 1.166 5 1.217 1.480 10 12 15 16 1.051 1.105 1.127 1.161 1.172 1.104 1.219 1.268 1.346 1.373 1601 1.801 1.873 1.469 2.159 2.518 3.172 3.426 1.762 3.106 3.896 5.474 8.130 24 1.270 1.608 2563 6.341 15.179 124.240 $124,240 124240 5124240