Answer: (16pi-48) m^2/min
Step-by-step explanation:
If the area of the circle is pi * r^2, and the area of the square is s^2, then the area outside the circle but inside the square is:
A = s^2 - pi * r^2
differentiate both sides
dA/dt = 2s * ds/dt - 2pi * r * dr/dt
dA/dt = 2 * 24 * -1 - 2pi * 2 * -4
dA/dt = 16pi - 48 m^2/min