The document summarizes fundamentals of JPEG, MPEG, and fractals. JPEG is a standard for compressing computer image files using 8x8 blocks, discrete cosine transform (DCT), and entropy coding. MPEG is a group that develops standards for coding moving pictures, audio, and their combination. Fractals are never-ending self-similar patterns that fractal algorithms convert into codes to recreate encoded images, with fractal compression being a lossy method for images based on fractals.