To find the area of the circular walk, we have to find the difference between the areas of the outside and inside circles:
Find the area of each circle:
[tex]\begin{gathered} A1=\pi\cdot\frac{D^2}{4} \\ A1=\pi\cdot\frac{17^2}{4} \\ A1=226.98 \\ A2=\pi\cdot\frac{D^2}{4} \\ A2=\pi\cdot\frac{15^2}{4} \\ A2=176.71 \end{gathered}[/tex]Now, find the difference between those areas:
[tex]\begin{gathered} A=A1-A2 \\ A=226.98-176.71 \\ A=50.27 \end{gathered}[/tex]The area of the circular walk is 50.27m^2.
To find the cost of constructing the walk, multiply the obtained area by the cost per square meter:
[tex]c=50.27\cdot360=18097.2[/tex]The cost is $18097.2.