applied business law 9.1

Project Description:

you are the chief executive officer of money games inc.(mgi), which has begun to market borrow & spend, a video game set in the world of finance. to buy ads, mgi borrows $50,000 from first savings bank. on mgi's behalf, you sign a note for the loan and offer its accounts receivable as collateral. you sign a security agreement that describes the collateral. the bank does not file a financing statement.

has the banks security interest attached?
if so, when?

i need this is 200 words or more please.
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