GEICO, the number-two auto insurer with $18 billion in revenue last year, spent $1.7 billion on advertising that year and plans to continue spending the same percentage of sales on advertising next year. The average advertising-to-sales ratio for the insurance industry is 0.2 percent of sales. If GEICO projects $21 billion in sales next year, using the percentage-of-sales method of advertising budgeting, how much will the company budget for advertising if basing it on projected sales? The advertising-to-sales ratio for the last year is 0.0944 . (Round to four decimal places.) Using the advertising-to-sales ratio for the last year, GEICO will budget $ billion for advertising next year. (Round to one decimal place.)