-16.95% is the change from 708 to 588
Calculation steps:
[( 588 - 708 ) ÷ 708] x 100 = -16.95%
Formula
Percentage change = [(588 - 708) / 708] x 100
Subtract the new number by the original number
588 - 708 = -120
-120 ÷ 708 = -0.1694915254237288
-0.1694915254237288 x 100 = -16.95%