Take into account that the general expression for the nth term of a arithmetic sequence is given by:

where, for this case:
an: 31st term = 496
n = 31
d: common difference of the sequence = 16
a1 = first term = ?
Solve the previous equation for a1, replace the values of the parameters and simplify:

Then, the nth term can be written as follow:

and the second term is given by (n = 2):

Hence, the second term is 16