The four corners are triangles each of side 2.9 cm and diagonal sqrt(2)*2.9 cm
They can be put together to make two squares each of area 2.9^2 cm^2, so the area of the octagon is the area of the original square less the area of the 4 triangles, namely:
Area = 10^2 - 2*2.9^2 cm^2
Perimeter = 4*sqrt(2)*2.9 + 4*(10 - 2*2.9) cm
I'll leave you to do the number crunching.