Which of the following statements regarding growing annuities is FALSE?

A$.$ A growing annuity is a stream of $N$ growing cash flows, paid at regular intervals.

B$.$ We assume that $=C\frac{1}{r-g}(1-(\frac{1+g}{1+r}{)}^N)g$ when using the growing annuity formula.

$C.$ A growing annuity $is$ like a growing perpetuity that never comes $toan$ end.

$D.PVof$ a growing annuity $=C\frac{1}{r-g}(1-(\frac{1+g}{1+r}{)}^N)$