This is not central force problem unless the path is a circle about the said point. Rather here Ft (tangential force) vanishes. Thus equation of motion becomes,
vt=v0= constant
and, mv20r=Ar2 for r=r0
We can consider the latter equation as the equilibrium under two forces. When the motion is perturbed, we write r=r0+x and the net force acting on the particle is,
−A(r0+x)n+mv20r0+x=−Arn0(1−nxr0)+mv20r0(1−xr0)=mv20r20(1−n)x
This is opposite to the displacement x, if n<1. (mv20r is an outward directed centrifugal force while −Arn is the inward directed external force).