Cooking Know-How
For top-of-stove preparation, cook caramels, milk and peanut butter in large heavy saucepan on low heat until caramels are completely melted and mixture is well blended, stirring frequently.
Fun Idea
Try this easy serving idea. Serve chopped peanuts in a bowl along with the dipping sauce, then dunk apples in the sauce then the nuts.
Substitute
Substitute cream for the milk.