To calculate the time constant of an RL circuit that reaches 85% of its final value in 1.86 seconds, use the formula τ = R/L, where τ is the time constant. The current I(t) can be expressed as I(t) = (ε₀/R)(1 - exp(-t/τ)). Since 85% completion corresponds to 15% remaining, take the natural log of 0.15, which gives approximately 1.897 time constants needed. Dividing 1.86 seconds by 1.897 results in about 0.980 seconds per time constant. This value is close to 1, indicating a typical expected answer for time constants in such circuits.