Answer:
PNG - Raster-based image format that can include transparency, is lossless, used for website images that need transparency
JPG - Raster-based image format best used for photos, has solid background with no transparency, saving the file creates some loss of pixel information, can be used for printing and web
TIFF - Raster-based format that is often used for archiving, is lossless, highly compatible, transparency with alpha channel, retains layers, not used in websites
RAW - The initial digital format a camera creates for a photograph
GIF - Typically low quality, has the ability to contain simple animation, is highly compressed with small file size, good for web
Step-by-step explanation: