Answer
$x=4.9855$
Work Step by Step
Apply $\log_{a}(MN)=\log_{a}M+\log_{a}N$
$\log(692\cdot x)=\log 3450\qquad$ ... logarithmic functions are one-to-one...
$ 692x=3450\qquad$ ... divide with 692
$x=\displaystyle \frac{3450}{692}\approx 4.98554913295$
To four decimal places,
$x=4.9855$