Your question is "how" to decrypt the APK. I think the first question should be "if" you can decrypt the APK, and I suspect most people would answer that there is no straightforward way to do so. The APK is the compiled, finished product.
If APKs simply came with the source code in a form that were easily decryptable, well, that would be a waste of space, and people would be able to rip off other people's software very easily.
I think what you really want is for your friend to send you the project files/source code he used to compile the APK.

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