The problem asks for the area of an equilateral triangle given its perimeter.
$A = \frac{\sqrt{3}}{4} (7.4 \text{ cm})^2$
$A = \frac{\sqrt{3}}{4} \times 54.76 \text{ cm}^2$
$A = \frac{54.76}{4} \sqrt{3} \text{ cm}^2$
$A = 13.69\sqrt{3} \text{ cm}^2$
The calculated area of the equilateral triangle is $13.69\sqrt{3}$ $cm^2$, which corresponds to Option A.
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