I know that (for example) binary neutron stars can emit radiation in the form of gravitational waves. This question got me thinking about the case of three or more objects. I wrote in my answer that if there were just two black holes in this scenario, the system should submit gravitational waves and undergo orbital decay. I also speculated that this might be the case with 3 or more bodies.
Was I correct? If so, could I use a modified version of the formula I listed for orbital decay to calculate the orbital decay for this n-body system?