1 c. plus 2 tbsp. dry milk
1/2 c. warm water
3/4 c. sugar

Mix dry milk and water. Set in pan of hot water and add sugar, stirring until sugar is dissolved. This is equal to one can of sweetened condensed milk.

SWEETENED CONDENSED MILK:

1 c. instant nonfat dry milk
2/3 c. sugar
1/3 c. boiling water
3 tbsp. butter

Beat all ingredients together. Process in blender until smooth and store in refrigerator. Makes 1 1/4 cups or the equivalent of 1 can.