Virginia Has Just Been Quoted What Appears to Be a Very

Virginia has just been quoted what appears to be a very competitive loan for $2,000 to be paid back in 24 monthly payments of $96.66 with a finance charge of $240.Using the n-ratio method of estimating the APR,what is the APR on this loan?
$\mathrm{APR}=\frac{\mathrm{Y}(95 \mathrm{P}+9) \mathrm{F}}{12 \mathrm{P}(\mathrm{P}+1) (4 \mathrm{D}+\mathrm{F}) }$

A) 8.0 percent
B) 11.1 percent
C) 19.2 percent
D) 24.0 percent