Affect as a verb means: to make a display of liking or using; to put on a pretense of; also means to cause a change or variation.
1.Mary affects airs of being a Hollywood movie star when she gets dressed up to go out for a party.
2. Mary's cold does not affect her willingness to study. She awoke at 5:30 a.m.and studied until 8 a.m.
Effect as a verb means: to cause to come into being.
as a noun means: an outcome or result. 1. My new diet effected a weight loss of twenty pounds in three months!
2. The effect of losing so much weight made me stronger physically and emotionally.
Accept is a verb that means to receive willingly.
Except is a preposition that means "but" or "with the exception of."
Loose with its two "o's" should remind you that there is too much space so something is "loose" as in a pair of loose (or roomy) pants. Loose also can refer to a handful of coins that are unrestrained as in "loose change." Similarly, a person may be described as "loose" if he or she functions with few rules or boundaries.