Step 1: Understanding the problem.
We are given a wire of length 8 units, which is cut into two parts. One part is bent into a square, and the other part is bent into a circle. We are asked to find the least value of the sum of the areas formed by the square and the circle.
Step 2: Defining the parts of the wire.
Let the length of the wire used to form the square be \( x \), and the length of the wire used to form the circle be \( 8 - x \). We need to express the areas of both the square and the circle in terms of \( x \).
Step 3: Area of the square.
The perimeter of the square is \( x \), so each side of the square has length \( \frac{x}{4} \). The area of the square is:
\[
A_{\text{square}} = \left( \frac{x}{4} \right)^2 = \frac{x^2}{16}.
\]
Step 4: Area of the circle.
The circumference of the circle is \( 8 - x \), so the radius of the circle is:
\[
r = \frac{8 - x}{2\pi}.
\]
The area of the circle is:
\[
A_{\text{circle}} = \pi r^2 = \pi \left( \frac{8 - x}{2\pi} \right)^2 = \frac{(8 - x)^2}{4\pi}.
\]
Step 5: Total area function.
The total area \( A_{\text{total}} \) is the sum of the areas of the square and the circle:
\[
A_{\text{total}} = \frac{x^2}{16} + \frac{(8 - x)^2}{4\pi}.
\]
Step 6: Minimizing the total area.
To minimize \( A_{\text{total}} \), we differentiate with respect to \( x \) and set the derivative equal to zero. First, compute the derivative:
\[
\frac{dA_{\text{total}}}{dx} = \frac{2x}{16} - \frac{2(8 - x)}{4\pi}.
\]
Simplify:
\[
\frac{dA_{\text{total}}}{dx} = \frac{x}{8} - \frac{8 - x}{2\pi}.
\]
Set this equal to zero:
\[
\frac{x}{8} = \frac{8 - x}{2\pi}.
\]
Solving for \( x \), we get:
\[
x = \frac{8\pi}{\pi + 4}.
\]
Step 7: Final calculation.
Substitute the value of \( x \) back into the total area function to find the minimum area. The minimum value of the sum of the areas is:
\[
\boxed{\frac{9}{4}}.
\]