Microwave Caramel Crispies
["1 (14 oz.) pkg. caramels", "1/2 c. butter or margarine", "2 Tbsp. water", "3 c. crisp rice cereal", "1 c. peanuts"]
["Unwrap caramels.", "Place in a 2-quart microwave-safe bowl.", "Add margarine and water.", "Place in microwave oven.", "Cook for 4 minutes at High temperature, stirring well after each minute.", "Stir in cereal and nuts.", "Press evenly into buttered 8 x 8 x 2-inch dish. Cool; cut into squares to serve."]
["caramels", "butter", "water", "crisp rice cereal", "peanuts"]