The solution for this problem is:
Cut wire so first piece has length x. 
 Second piece has length (72 - x). 
 Use piece of length x to make circle. 
 c = circumference, r = radius 
 c = 2πr = x 
 r = x/(2π) 
 A(circle) = πr² = π * (x/(2π))² = x²π/4π² = x²/4π 
 Use piece of length (72-x) to make square. 
 s = side length = (72-x)/4 
 Area(square) = s² = ((72-x)/4)² = (72-x)²/16 = (5184 - 144x + x²)/16 
 Area(square) = 324 – 9x + x²/16 
 A = A(circle) + Area(square) 
 A = x²/4π + 324 - 9x + x²/16 
 A = x²/4π + x²/16 – 9x + 324 
 A = 4x²/16π + πx²/16π - 9x + 324
 A = (4+π)/16π x² - 9x + 324 
 This is the function of a parabola that opens up. 
 
 To look where A is minimum, you can rewrite equation in vertex form or find where derivative = 0. 
 A' = 2(4+π)/16π x - 9 = (4+π)/8π x - 9 
 A' = 0 
 (4+π)/8π x - 9 = 0 
 (4+π)/8π x = 9 
 x = 9*8π / (4+π) 
 x ≈ 31.7 inches