First, rewriting things with $u=1/n$, the problem becomes
$$\lim_{u\to0}{\arccos\left(\left({1-u^2\over1+u^2}\right)^{\cos u}\right)\over u}$$
This can be rewritten as
$$\lim_{u\to0}\left({\arccos\left(\left({1-u^2\over1+u^2}\right)^{\cos u}\right)\over
\sqrt{1-\left({1-u^2\over1+u^2}\right)^{\cos u}} }
\right)
\sqrt{\lim_{u\to0}\left({1-\left({1-u^2\over1+u^2}\right)^{\cos u}\over u^2}\right)}
$$
provided these two limits exist (which is what we're about to show). For the first, let
$$x=\left({1-u^2\over1+u^2}\right)^{\cos u}$$
note that the limit as $u\to0$ becomes
$$\lim_{x\to1}{\arccos x\over\sqrt{1-x}}=\lim_{x\to1}{-1/\sqrt{1-x^2}\over-1/(2\sqrt{1-x})}=\lim_{x\to1}{2\over\sqrt{1+x}}=\sqrt2$$
using L'Hopital and then simplifying. For the second, L'Hopital gives us
$$\lim_{u\to0}{1-e^{\cos u(\ln(1-u^2)-\ln(1+u^2)}\over u^2}=\lim_{u\to0}{\sin u(\ln(1-u^2)-\ln(1+u^2))-\cos u\left({-2u\over1-u^2}-{2u\over1+u^2} \right)\over 2u}\left({1-u^2\over1+u^2}\right)^{\cos u}
=\lim_{u\to0}\left({1\over2}{\sin u\over u}\ln\left({1-u^2\over1+u^2}\right)+\cos u\left({1\over1-u^2}+{1\over1+u^2} \right)\right)\left({1-u^2\over1+u^2}\right)^{\cos u}=\left({1\over2}(1)(\ln1)+(1)(1+1)\right)(1)^1=2$$
Thus both limits, as promised, exist, and combined (remembering to take the square root of the second limit) we get the limit
$$\sqrt2\sqrt2=2$$
(). The brackets{}are just used to group expressions internally. – Caleb Stanford Feb 04 '14 at 20:37