Use PS 5 can't use on 3 newer pcs. What's equilivant with same layers & photo manipulations as 5.

I have photoshop 5. I took classes at a local collage over 10 years ago on how to use it, I learned so much. My classmates had a more generic version.  I had the more expensive, high end version compared to the class. I really don't want to lose the ability's I had in 5. The instructor was able to show me some great functions in the 5-pro version, which I use, but I don't remember which functions those were.  I just can't afford the expensive pro version and Window stopped supporting my PC long ago and I've had to save things to floppy's because that PC didn't have a CD/DVD slot.  I want to use faster PC, my duct tape and rubber bands just are not holding my unit together anymore. I moved away from great teacher and the course not offered near me now. I could upgrade to just XP if needed and purchase a used version but I'm concerned about purchasing something used. Could someone spell-out for a low tech lady ...what I could purchase that will have the 5-pro functions and what I would lose if I discontinue it for your recomdation?

If you are looking for a newer computer, I would stay away from Windows XP as Microsoft just abandoned that version. Find windows 7 if you can.
Frankly from what you wrote, any newer computer would run rings around the old system including majority of the laptops. Almost all computers now come with a DVD drive, rarely CD but it is possible. External DVD drives can be had for under $100 easy. All newer computer have usb ports so external drives are easy to find and are relatively cheap.
If you can afford $10 a month subscribing to the photography program will get you the latest version of photoshop and lightroom.
Your alternative (speaking perpetual licensing) would be photoshop elements. You would be lacking some of the features, but would work for now for all the basics.
A main difference for you anyway would be elements can be used on your system until you run into the same situation you are in now.
Whereas the subscription is done 30 days after last payment. But it can be reactivated at a later date and it is always the latest version. Therefore with the subscription as long as you pay it will never be obsolete.

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