Find the cartesian coordinates of the point whose polar coordinates are \( \left( \frac{1}{2}, \frac{\pi}{3} \right) \).
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Convert polar to Cartesian using \( x = r \cos \theta \), \( y = r \sin \theta \); know values of \( \cos \frac{\pi}{3} \) and \( \sin \frac{\pi}{3} \).