#### Answer

The figure is known as a rectangle. The perimeter is $11$ inches and the area is $7$ sq in.

#### Work Step by Step

1. State the name of the figure:
Rectangle, since there is a length and width.
2. Find the perimeter of the rectangle
Let $P =$ the perimeter of the rectangle
$P = 2(3.5) + 2(2)$
$P = 7 + 4$
$P = 11$ inches
2. Find the area of the rectangle
Let $A =$ the area of the rectangle
$A = length \times width$
$A = 3.5 \times 2$
$A = 7$ sq in.