Step 1: A first-order reaction also obeys \(\ln \dfrac{[A]_0}{[A]} = kt\), so \(k = \dfrac{1}{t}\ln\dfrac{[A]_0}{[A]}\).
Step 2: Concentration ratio: \(\dfrac{[A]_0}{[A]} = \dfrac{1.24 \times 10^{-2}}{0.20 \times 10^{-2}} = 6.2\).
Step 3: Natural log: \(\ln 6.2 = 1.8245\).
Step 4: Rate constant: \(k = \dfrac{1.8245}{60} = 0.0304\) min-1.
Step 5: Converting to SI units, divide by 60: \(k = 5.07 \times 10^{-4}\) s-1.
\[\boxed{k \approx 0.0304\ \text{min}^{-1}}\]