Find the volume, in cubic inches, of a cylinder with a diameter of 16 inches and a height of 7 inches. Use 3.14 for pi. Round your answer to the nearest hundredth..

The radius of the cylinder is half the diameter, so it is 16/2 = <<16/2=8>>8 inches.

The formula for the volume of a cylinder is V = πr^2h, where r is the radius and h is the height.
Substituting the given values, the volume is V = 3.14 * 8^2 * 7 = 3.14 * 64 * 7 = 1409.92 cubic inches. Answer: \boxed{1409.92}.