Final answer:
Justin Bieber earned $53 million in the 12-month period.
Step-by-step explanation:
The student's question is asking to determine the amount of money Justin Bieber earned in a 12-month period given that Justin Bieber had earned $17 million less than Lady Gaga and the total earnings of both was $123 million.
Let's denote Justin Bieber's earnings as J and Lady Gaga's earnings as G. According to the information provided, we have two equations:
1. J = G - 17 (since Justin Bieber earned $17 million less than Lady Gaga)
2. J + G = 123 (since the total earned by both artists is $123 million)
We can now solve these equations simultaneously. By substituting the first equation into the second, we get:
G - 17 + G = 123
2G - 17 = 123
2G = 123 + 17
2G = 140
G = 140 / 2
G = 70
Now that we have Lady Gaga's earnings, we can calculate Justin Bieber's earnings:
J = G - 17
J = 70 - 17
J = 53
Therefore, Justin Bieber earned $53 million in the 12-month period.