This pyramid scheme is characterized by recruiting participants at multiple levels for a bit of delayed gratification. However, the promise of return, is for a much greater amount. Here Alice does not get paid until she has recruited 3 levels worth of new members. So, Alice (at Level I) recruits 2 people at Level II, who in turn recruit 2 people at Level III, and these 4 people recruit 8 people at Level IV. When these 8 people are recruited, Alice received the “participation fee” for all 8 people of Level IV. 1) If the value of the gifts mailed is $10 each, how many gifts would Alice receive? What is the total value of her expected return?