$1,000,000 Math Problem 06-07-2013, 12:25 AM
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Dallas banker D. Andrew “Andy” Beal, who in 1997 established a $5,000 prize for solving his namesake equation, the Beal Conjecture number theory problem, has upped the ante in hopes of inspiring young people to pursue math, the Associated Press reports.
“Increasing the prize is a good way to draw attention to mathematics generally and the Beal Conjecture specifically," he said in a statement. "I hope many more young people will find themselves drawn into the wonderful world of mathematics."
For just a math problem, that's an amazing reward. I wonder who will end up taking that million dollars (implying someone will). It's insane he'd give away so much, but at least he's putting the money towards something constructive.
Source: International Business Times
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