Well... You head on over to the folder that has the Make file (names PNGGU8227 or something, you know what I mean...) Then there should be a folder named simpletemplate, then one named debug, just keep going that direction until you find "simpletemplate.out" (It will be named this no matter what your project is named).
Sorry if this isn't detailed enough, I'm kinda almost late for school, and my laptop took awhile to boot..
If you need a more detailed explanation, I'll be online again later in the day, or perhaps some of the other people on CD will help you out.
Hope this helped!