Step 1: Formula for induced emf.
The induced emf \( \varepsilon \) is given by Faraday's law of electromagnetic induction:
\[
\varepsilon = -\frac{d\Phi_B}{dt}
\]
where \( \Phi_B \) is the magnetic flux and \( \frac{d\Phi_B}{dt} \) is the rate of change of flux.
Step 2: Substituting known values.
Given that the flux \( \Phi_B = 0.2 \times 10^{-2} \, \text{weber} \) and the time interval \( \Delta t = 0.12 \, \text{seconds} \), the rate of change of flux is:
\[
\frac{d\Phi_B}{dt} = \frac{0.2 \times 10^{-2}}{0.12} = 1.67 \times 10^{-3} \, \text{weber/second}
\]
Step 3: Calculating the induced emf.
The induced emf is:
\[
\varepsilon = -1.67 \times 10^{-3} \, \text{V} = -1.67 \, \text{mV}
\]
The negative sign indicates the direction of the induced emf according to Lenz’s law, but the magnitude of the emf is \( 1.67 \, \text{mV} \).
Step 4: Conclusion.
Thus, the induced emf in the wire is \( 1.67 \, \text{mV} \).