You acknowledged the same thing when you said it takes 72 seconds to charge the cap.Well, I missed something pretty obvious.
When T=0, the cap is completely discharged and current begins flowing through the 120 Ohm resistor, 5v/120 Ohms= 41.666...mA. That's the highest current flow that you will obtain.
As the voltage on the capacitor increases, the current through the resistor decreases.
If V(C1) = 1, then current through R1 is (5v-1v)/120 = 4v/120 = 33.333...mA.
By the time V(C1) = 3.5v, R1 current is (5v-3.5)/120 = 1.5/120 = 12.5mA.
If he doesn't have access to the 9V battery or the node between the regulator and the resistor, he can't decrease the charge time. I fiddled around with a simulation where I added a series inductor, and was able to shorten the time to 3.5V by a hundred milliseconds or so, but the inductance was something like 800 Henries. Good luck on that.So, what you need is some kind of boost circuit that keeps the voltage across R1 as high as possible for maximum current flow.
I don't understand why he doesn't have access to the 9V battery, unless this is a homework problem. I asked if it was, but got no reply.