The Providence, Rhode Island-based American Mathematical Society (AMS) on Tuesday said $1 million will be awarded for the publication of a solution to the Beal Conjecture number theory problem.
Dallas banker D. Andrew Beal first offered the Beal Prize in 1997 for $5,000. Over the years, the amount has grown. AMS spokesman Michael Breen says a solution is more difficult than the one for a related problem – Fermat’s Last Theorem – which didn’t have a published solution for hundreds of years.
