Subscripts are used to name different constants that we want to calculate. I could've used a, b, c, d etc, but it is much more convenient and systematic to use subscripts to distinguish between them.
Aidan was probably referring to sequences and series which are taught at a rudimentary level in further maths. This would be sequences of numbers, which is basically a function that has the domain of the natural numbers. For example consider f(n) = 3n + 2, with domain the natural numbers. Then you could write the sequences of numbers defined by f by calculating f(1), f(2), ... (5, 8, 11, ...).
You will probably study sequences and series in a more rigorous manner when you take calculus and learn about convergence, and methods of finding whether a series converges/diverges.