Answer:
The magnitude of the EMF is 0.00055 volts
Step-by-step explanation:
The induced EMF is proportional to the change in magnetic flux based on Faraday's law:

Since in our case there is only one loop of wire, then N=1 and we get:

We need to express the magnetic flux given the geometry of the problem;
where A is the area of the coil that remains unchanged with time, and B is the magnetic field that does change with time. Therefore the equation for the EMF becomes:
