This is a poorly worded problem.
The problem should state that the water temperature in degrees F increases 10% each hour, not that the water is warmer by 10%.
In any case, use exponential growth.
F = P(1 + r)^t
103 = 70(1 + 0.1)^t
Solve for t.
1.1^t = 103/70
log (1.1^t) = log (103/70)
t * log 1.1 = log (103/70)
t = (log (103/70))/(log 1.1)
t = 4.05
The temperature will be at least 103 deg in 4.05 hours.