Determine Whether the Two Matrices Are Inverses of Each Other

True/False

Determine whether the two matrices are inverses of each other by computing their product.
- $\left[\begin{array}{ll}-5 & 1 \\ -7 & 1\end{array}\right],\left[\begin{array}{ll}\frac{1}{2} & -\frac{1}{2} \\ \frac{7}{2} & -\frac{5}{2}\end{array}\right]$