To calculate the orbital period of a satellite using the radius of its orbit and the mass of the central object, the key equation is T^2 = (2π)²r³/GM. This formula derives from equating gravitational force and centripetal force, where G is the gravitational constant, M is the mass of the central object, and r is the orbital radius. The small mass of the satellite can be neglected in this calculation. The discussion emphasizes the relationship between gravitational and centripetal forces in determining orbital dynamics. Understanding this equation is crucial for accurately predicting satellite motion.