The document describes how to calculate the area of a circle with a diameter of 2 feet using the standard formula of A = πr^2 as well as an ancient Egyptian method. The Egyptian method involves drawing an octagon inside the circle and calculating its area, which approximates the area of the circle. It finds the octagon's area is 28/9 or 3 1/9 square feet, which is very close to the area calculated using pi.