Step 1: Write the angle as a difference of two standard angles.
Instead of splitting \(\frac{7\pi}{12} = 105^\circ\) as \(60^\circ+45^\circ\), it is cleaner to write it as \(105^\circ = 135^\circ - 30^\circ\), so
\[
\cos 105^\circ = \cos(135^\circ-30^\circ) = \cos135^\circ\cos30^\circ + \sin135^\circ\sin30^\circ
\]
Step 2: Substitute the known values.
\[
\cos135^\circ = -\frac{\sqrt{2}}{2}, \quad \cos30^\circ = \frac{\sqrt{3}}{2}, \quad \sin135^\circ = \frac{\sqrt{2}}{2}, \quad \sin30^\circ = \frac{1}{2}
\]
Step 3: Compute the value.
\[
\cos105^\circ = \left(-\frac{\sqrt{2}}{2}\right)\left(\frac{\sqrt{3}}{2}\right) + \left(\frac{\sqrt{2}}{2}\right)\left(\frac{1}{2}\right) = -\frac{\sqrt{6}}{4} + \frac{\sqrt{2}}{4}
\]
Step 4: Write the final value.
\[
\boxed{\frac{\sqrt{2}-\sqrt{6}}{4}}
\]