Showing posts with label $1M. Show all posts
Showing posts with label $1M. Show all posts

Friday, June 7, 2013

American Bank Offers $1M To Anyone Able To Solve This Mathematical Equation




A Texas banker is upping the ante to $1 million for whoever solves a tricky problem that’s been dogging mathematicians since the 1980s.

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.

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