I am trying to work out how fast water will be falling by the time the water hits the ground.
If it starts 100m high how fast would it be travelling and why?
With the acceleration because of gravity to be 9.8
What would the equation be?
I think it has something to do with $speed^2 = height*acceleration(9.8)$.
You should have been taught the SUVAT equations of motion.
If the water is stationary then $u=0 \, \mathrm{m/s}$, the acceleration due to gravity is $-9.8 \,\mathrm{m/s^2}$. The displacement of the water is $-100 \, \mathrm m$, and you want to know the final velocity, i.e. you want $v$.
HINT: Use the equation $v^2 = u^2 + 2as$.