I wished I could do a maths eqp but I finalised on doing a chemistry/engineering eqp as its more relevant to me. But during the time I wanted to pursue a math eqp I was going to do on.........
1) abstract and recreational maths eg: fractals, colatz conjecture, weird summations etc
2) ideas that changed and shaped maths eg: eulers identity, calculus
3) was maths invented or discovered?
4) Millenium problems and current solutions ( as gonna pick this)
5) space problem eg something like you're on a spaceship with limited fuel far away from earth how would you get to earth. And you would use differential equations, circular motion newtons law of gravitation and calculus to find an effective path back to earth.(this one is the best one in my opinion but it does take a bit of time to set up all the parameters and boundary condition tbf depends if you got the time and if your good at physics as well I am assuming to take FM, physics and something else if you want to do an eqp on maths)
Hope that helps.