To solve the problem it is necessary to apply the concepts related to the Centripetal Force.
By definition the centripetal force is given by
[tex]F_c = \frac{mv^2}{R}[/tex]
Our values are defined by
[tex]m=0.5Kg\\F_c = 5.88N \\R = 0.145m+1cm = 0.155m\\v = 1.31m/s[/tex]
Therefore replacing in the equation we have to,
[tex]F_c = \frac{mv^2}{R}[/tex]
[tex]5.88=\frac{0.5*v^2}{0.155}[/tex]
Re-arrange to find V,
[tex]V=\sqrt{\frac{5.88*0.155}{0.5}}[/tex]
[tex]V= 1.35m/s[/tex]
Therefore the expected velocity of the spinning mass at the new radius is 1.35m/s