Final answer:
The Python code statement formats and prints the number 987654.129 with a thousands separator and two decimal places, resulting in '987,654.13'.
Step-by-step explanation:
The statement print(format(987654.129 ',.2f')) is a Python code snippet that displays the number 987654.129 formatted with a comma as a thousands separator and rounded to two decimal places.
When executed, the output would be '987,654.13'. The use of the format function here specifies that the float should be formatted with a comma and exactly two decimal places.