To find the area of the figure, we need to multiply the length and width of the rectangle.
Area = length x width
Area = 8 meters x 4 meters = 32 square meters
Since 1 meter is equal to 100 centimeters, we need to convert square meters to square centimeters by multiplying by 10,000 (100 x 100).
32 square meters x 10,000 = 320,000 square centimeters
Therefore, the area of the figure is 320,000 square centimeters.