-16.9% is the change from 704 to 585
Calculation steps:
[( 585 - 704 ) ÷ 704] x 100 = -16.9%
Formula
Percentage change = [(585 - 704) / 704] x 100
Subtract the new number by the original number
585 - 704 = -119
-119 ÷ 704 = -0.1690340909090909
-0.1690340909090909 x 100 = -16.9%