To find the area of a circle, you can use the formula:
\[ \text{Area} = \pi r^2 \]
Where:
- \(\pi \approx 3.14\)
- \(r\) is the radius of the circle.
Given that the radius \(r = 98\) mm, we can plug the value into the formula:
\[ \text{Area} = 3.14 \times (98)^2 \]
First, calculate \(98^2\):
\[ 98^2 = 9604 \]
Now, substitute \(9604\) back into the area formula:
\[ \text{Area} = 3.14 \times 9604 \]
Now, perform the multiplication:
\[ \text{Area} \approx 30159.56 \text{ mm}^2 \]
Therefore, the area of the circle, rounded to the hundredths place, is:
\[ \boxed{30159.56} \text{ mm}^2 \]