The utility of consumption at time 1 and consumption at time 2 for Maria is represented by the following utility function: U(c₁,c₂)=min{c₁,c₂}. Maria's endowment at time 1 is $7 thousand, while Maria's endowment at time 2 is $3 thousand. Maria faces a 20% interest rate between the two periods.

How much does Maria save in time 1 (in thousands)?

Round your answer to the first decimal point.

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