-97.73% is the change from 704 to 16
Calculation steps:
[( 16 - 704 ) ÷ 704] x 100 = -97.73%
Formula
Percentage change = [(16 - 704) / 704] x 100
Subtract the new number by the original number
16 - 704 = -688
-688 ÷ 704 = -0.9772727272727273
-0.9772727272727273 x 100 = -97.73%