I dropped my phone in water and pulled it out right away, will it work

Rice does nothing is a false fix. The best thing you can do is pull off the battery and don't charge it. Open it up and dry it with warm air and clean the connectors with a qtip and alcohol. If it gets water in it and you dry it or fix it it might work for years or for an hour. Repair shops won't repair water damaged phones except to get data from them. Once they are wet they are unreliable and most of the time not repairable. Once water hits that with voltage running through it corrosion starts immediately. Try to unhook power and dry it and clean it but you have to open it up.