Explain the difference between a sequence and a series. Provide clear and complete explanations and interpretations. You should base yourself on the properties of sequences and series and use formal mathematical language and notation to present your explanation. Name at least two applications of business administration where it is important to consider the difference between successions and series.

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Explain the difference between a sequence and a series. Provide clear and complete explanations and interpretations. You should base yourself on the properties of sequences and series and use formal mathematical language and notation to present your explanation. Name at least two applications of business administration where it is important to consider the difference between successions and series.

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