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(IF LADDER) Statement: Stacked sequencing (with no logial errors) where a numerical input produces a single response output.6980597060ITERATIOIN (FOR LOOP) Statement: Repetiton of sequential flow outputs count +2 until you exceed the maximum MAX value which is the stopping condition. I love you too!2Is ITERATION the same thing as REPETITION for Algorithms?YesYesIs ITERATION the same thing asREPETION for Algorithms?YesYes700