Step 1 :Given that the length of the pendulum, L = 0.532 m, and the acceleration due to gravity, g = 9.81 m/s^2.
Step 2 :Use the formula for the period of a simple pendulum, which is given by \(T = 2\pi\sqrt{\frac{L}{g}}\).
Step 3 :Substitute the given values into the formula to calculate the period.
Step 4 :\(T = 2\pi\sqrt{\frac{0.532}{9.81}}\)
Step 5 :Calculate the value to get \(T = 1.4631915379086071\)
Step 6 :Round the final answer to two decimal places to get \(\boxed{1.46 \, \text{s}}\).