The magnitude of the acceleration of the body is 2.35 m/s^2.
We can use the following kinematic equation to solve for the acceleration:
x = x0 + v0t + 1/2 at^2
where x is the final position, x0 is the initial position, v0 is the initial velocity, t is the time, and a is the acceleration.
Plugging in the given values, we get:
-0.05 m = 0.03 m + 12 m/s * 2 s + 1/2 * a * (2 s)^2
Simplifying and solving for a, we get:
a = (0.05 m - 0.72 m)/2 s^2 = -0.335 m/s^2
Since the acceleration is in the opposite direction of the initial velocity, we take the absolute value to get the magnitude of the acceleration:
|a| = 0.335 m/s^2 ≈ 2.35 m/s^2.