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Knowing where your FiveM folder is located can be useful when installing shader mods or making changes to configuration files, sometimes you may be asked to upload game logs if you are asking for tech support, these are also in the FiveM folder.
Press Start and then search for FiveM
Right click the FiveM application and select Open File Location
In the popup window, right click the highlighted FiveM shortcut and right click, select Open File Location again
Open the FiveM Application Data folder, this is where all game files and config files are stored
Note: This is not where GTA 5 is installed, to find that location open the CitizenFX.ini file and view the "IVPath" value