Apple Nachos

36 caramels
1 tablespoon water
15 large marshmallows
2 Tablespoons butter or margarine, cubed
4 medium tart apples, peeled and cut into ¼ inch slices
1/3 cup chopped dry roasted peanuts
1/3 cup miniature semisweet chocolate chips
3 tablespoons Halloween sprinkles

In a microwave-safe bowl, melt caramels with water. Stir until smooth. Meanwhile, in a large saucepan, melt marshmallows and butter. Arrange apple slices on a large platter. Drizzle with caramel. Top with marshmallow mixture. Sprinkle with peanuts, chocolate chips and sprinkles.

Serve immediately. Makes about 16 servings.