To solve this problem, we need to understand the concept of amplitude modulation and how modulation affects the amplitude of the wave. The modulation index (m) is defined as the ratio of the maximum amplitude variation to the amplitude of the unmodulated carrier wave. It's given as a percentage but needs to be used as a numerical fraction in calculations.
Thus, the maximum amplitude of the modulated wave is 12 V.
Therefore, the correct answer is: 12 V