Another way of looking at this is as follows:
If you start with N0, then after 1 day you are left with 0.98*N0
After 2 days you are left with 0.98^2*N0
After 3 days you are left with 0.98^3*N0
...
After t days you are left with 0.98^t*N0
For t to be the half-life you must have 0.98^t*N0 = N0/2
Divide by N0 and take logs of both sides:
ln(0.98^t) = ln(1/2)
t*ln(0.98) = ln(1/2)
t = ln(1/2)/ln(0.98) ≈ 34.3 days