As a contestant on a televised game show, Garrett gets to spin the big prize wheel, which has a diameter of 4 meters. What is the prize wheel's area?

Use 3.14 for ​𝜋. If necessary, round your answer to the nearest hundredth.

The radius of the prize wheel can be found by dividing the diameter by 2: \( \frac{4}{2} = 2 \) meters.

The area of a circle is given by the formula \( A = \pi r^2 \).

Plugging in the values, we find that the area of the prize wheel is \( \pi \cdot 2^2 = 4 \pi \) square meters.

Using the value 3.14 for \( \pi \), we can approximate the area as \( 4 \cdot 3.14 = 12.56 \) square meters.

Rounded to the nearest hundredth, the prize wheel's area is approximately \( \boxed{12.56} \) square meters.