Sequence vs series
An arithmetic sequence is an ordered list of terms t₁, t₂, t₃, …. An arithmetic series is what you get when you add those terms together. The sum of the first n terms is written Sₙ.
Why it works
The sequence is the list of numbers; the series is the running total. The capital S with a little n means 'the sum, stopping after n terms.' Same numbers, different question: list them, or add them up.