Step 1: Concept
Magnitude of a vector $\vec{P} = A\hat{i} + B\hat{j} + C\hat{k}$ is $|\vec{P}| = \sqrt{A^2 + B^2 + C^2}$.
Step 2: Meaning
The sum of squares of the components equals the square of the magnitude.
Step 3: Analysis
$x^2 + (0.8)^2 + (0.6)^2 = 2^2 \Rightarrow x^2 + 0.64 + 0.36 = 4$.
$x^2 + 1 = 4 \Rightarrow x^2 = 3 \Rightarrow x = \sqrt{3}$.
Step 4: Conclusion
Hence, the value of x is $\sqrt{3}$.
Final Answer: (D)