#### Answer

$2048 \ m^3$

#### Work Step by Step

The volume of a square pyramid is:
$Volume =\dfrac{1}{2} \times b\times h=\dfrac{1}{2} \times S^2 \times h$
Plug the values of $S$ and $h$ into the formula to obtain:
$Volume=\dfrac{1}{2} \times (16)^2 \times (24)\\=\dfrac{1}{2} \times 256 \times 24 \\=2048 \ m^3$