-16.93% is the change from 709 to 589
Calculation steps:
[( 589 - 709 ) ÷ 709] x 100 = -16.93%
Formula
Percentage change = [(589 - 709) / 709] x 100
Subtract the new number by the original number
589 - 709 = -120
-120 ÷ 709 = -0.1692524682651622
-0.1692524682651622 x 100 = -16.93%