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The same medical site (ncbi) has published an article called “Peppermint Oil Promotes Hair Growth without Toxic Signs”, and they used a 3% dilution of Peppermint essential oil (EO) in Jojoba carrier oil. That would be 18 drops of EO in 1 Oz. carrier oil (30 ml). They had very good results on mice within 4 weeks. You can read more about their experiment there.
However, keep in mind that MB is a genetic predisposition and it is also caused by an imbalance of the male sex hormones. Have you talked to a doctor yet? You might have to combine hormonal treatments with your skin application of essential oils for visible results.
Best of luck to you