When a wire of length, L bent in the form of a circle of radius, r then the relation between radius and length, by the formula of circumference, 2πr=L,
⇒r=2πL, for one number of turns, the formula for the magnetic moment is,
M=I(A)⇒M=I(πr2)=I(π)(2πL)2=4πIL2 Am2