A nice formula for pi

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I would like to share a simple derivation of an iterative formula for Pi.

The formula I have derived: $\begin{align} A_1 &= 4 \\ A_{n+1} &=2*4^{n} \left(1 - \sqrt{1 - \frac{A_n}{4^{n}}}\right). \\ \lim_{n\to\infty} A_n &= \pi^2 \end{align}$

Note: After a bit of research I learned that formula above is closely related to relations discovered a long time ago by Euler.

Despite the fact that such formula isn’t very special, I believe that together with the derivation below, it will provide a simple explanation for how Pi can be calculated using simple tools. (Without calculus for example)

Will be happy to hear feedback!

An informal derivation of the formula above: enter image description here enter image description here enter image description here enter image description here