Directions. Trim the flank steak of any excess fat, place in a zip-top bag, and place it in the freezer for 1 to 2 hours in order to firm up. Remove the steak from the freezer and thinly slice the meat with the grain, into long strips.
For college students who need private loans to fill the financial gap, Sallie Maeâs Smart Option Student Loan also offers new, lower variable rates and no disbursement fees. For the upcoming academic year, rates range between 2.25 percent APR and 9.37 percent APR for degree-seeking students, based on todayâs LIBOR index.
However, since interest is compounded monthly, the actual or effective interest rate is higher because interest in the current month compounds against interest in the previous month. As it turns out, a 12% APR (nominal) interest loan has an effective (APY) interest rate of about 12.68%. On a loan with a life of only one year, the difference between 12% and 12.68% is minimal. On a long-term loan such as a mortgage, the difference can be significant.