To find the volume of a cone, you can use the formula V = (1/3)πr^2h, where V represents the volume, π is approximately 3.14, r is the radius of the base, and h is the height of the cone.
Given that the diameter of the cone is 16 feet, the radius (r) is half of the diameter, so r = 16/2 = 8 feet.
Now, substitute the values into the formula:
V = (1/3) * 3.14 * 8^2 * 8
V = (1/3) * 3.14 * 64 * 8
V = (1/3) * 3.14 * 512
V ≈ 536.01 cubic feet
Therefore, the volume of the cone is approximately 536.01 cubic feet when rounded to the nearest hundredth.