Anita, Byron, Carlos, and Dominique buy a gift for their grandmother. They split the cost equally and each pay $14.62. Which equation represents d, the cost of the gift in dollars?

A. 14.62 = d minus 4
B. 14.62 = d divided by 4
C. 14.62 minus 4 = d
D. 14.62 divided by 4 = d