Answer
$\frac{\sqrt 2}{2}$
Work Step by Step
The expression fit the cosine Double-Angle Formula $cos2\theta=cos^2\theta-sin^2\theta$, we have
$cos^2\frac{\pi}{8}-sin^2\frac{\pi}{8}=cos2(\frac{\pi}{8})=cos\frac{\pi}{4}=\frac{\sqrt 2}{2}$
You can help us out by revising, improving and updating this answer.
Update this answerAfter you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.