Million dollar prize offered for solving maths problem

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

Million dollar prize offered for solving maths problem

Million dollar prize offered for solving maths problem

The American Mathematical Society 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.

American Mathematical Society 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.

Fermat's Last Theorem states that no three positive integers a, b, and c can satisfy the equation a^n + b^n = c^n for any integer value of n greater than two.

Beal's conjecture states that if A^x + B^y = C^z, where A, B, C, x, y, and z are positive integers with x, y, z > 2, then A, B, and C have a common prime factor.

Got all that? Well you'll need to prove or disprove it, and have your work published in a leading mathematics journal to claim your prize.

Beal is a self-taught mathematician and says he wants to inspire young people to pursue math and science. A university dropout, Beal's net worth is now estimated by Forbes at around $8 billion. He ranks 43rd on the Forbes list of U.S. billionaires.

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