Sift flour, baking powder, baking soda, salt and cinnamon into large bowl. Add oil, apples, vanilla and milk. Beat by hand or at medium speed with electric mixer for 2 minutes until well blended. Beat eggs until light yellow in color, gradually adding sugar and continue beating until light and fluffy. Fold the egg mixture into the apple mixture, blending thoroughly. Add nuts. Bake in tube pan at 350 degrees for 1 hour and 10 minutes. Serve warm or cold with whipped cream.
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