Effect Fade is intended for fade-out (radiobutton Out) or fade-in (radiobutton In) of your image. Radiobutton None deactivates this effect.
Effect Size is intended for change size of image (flag Enable is checked). Spinedits Start and End set initial and finish sizes of image.
Group Test is intended for building of test animation defined by selected effects. You can set number of frames and time delay for animation frames (spinedits Number of frames and Delay accordingly). To see text animation in test preview window - set flag Animation.
To get wanted result press the button OK.